Ripple Prime Expands Business with Brevan Howard
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AI-assisted source synthesis · not an independent investigation.
On October 8, 2026, Ripple Prime and Brevan Howard reached a multi-asset prime brokerage services agreement, under which Ripple Prime will provide multi-asset prime brokerage, clearing, and financing services to funds under Brevan Howard, further deepening the relationship between the two parties. Ripple Prime was formed after Ripple acquired Hidden Road for $1.25 billion. Ripple said that Hidden Road’s annual cross-market clearing volume had reached $3 trillion at the time, serving more than 300 institutional clients. Ripple Prime is currently working with multiple ETF issuers and expanding into hedge funds and other investment management institutions. Related reports also said that Ripple Prime had been assigned a BBB issuer rating by Kroll Bond Rating Agency and had connected to Hyperliquid. Ripple also signed an agreement with South Korea’s Meritz Securities to evaluate the application of custody and tokenization technologies in South Korea’s capital markets; the cooperation remains under review and is not a product launch.
AI-written from reports · updated 8 days ago
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- CryptopolitanRipple targets Wall Street, expands leveraged ETF financing business
Ripple is expanding its partnership with Brevan Howard through Ripple Prime, providing multi-asset prime brokerage, clearing, and financing services for its funds. Ripple Prime has received a BBB issuer rating from Kroll Bond Rating Agency (KBRA) and integrated with Hyperliquid. Ripple has signed an agreement with South Korea’s Meritz Securities to evaluate the application of custody and tokenization technology in the South Korean capital market; the partnership remains under review and is not a product launch.
- PYMNTSRipple Prime与Brevan Howard达成多资产主经纪服务协议
Ripple Prime将为Brevan Howard旗下基金提供多资产主经纪、清算和融资服务，双方关系进一步深化。Ripple Prime由Ripple以$1.25 billion收购Hidden Road后形成，并正与多家ETF发行方合作，拓展至对冲基金和其他投资管理机构。Ripple称Hidden Road当时每年跨市场清算$3 trillion，服务超过300家机构客户。